Actually, I did attribute the coaching fees over 6 month period and thought it's fair for someone like me with no experience in STR at all to start off and have the resources, design, coach, mentor all under one roof to give it a good shot. 

That's a fairly large single family home.

I am still fairly new to the space and I am still getting hiccups at my property but I did it.

ya to be fair here.. with this type of land there is no HOA  No utl search etc.. but I was still pretty stunned..

So I require skin in the game (average is 5% to 15%) to offset this.

This would save time and ensure a fair, uniform process for all applicants.

The 10 year T-bills will remain about where they are now due to economic conditions that are fairly strong.

To be fair it's possible that the home inspector explained that it's not up to current code but that it doesn't have to be, and the buyer/ buyer's agent may have misunderstood that to mean there is actually a problem with the deck. 

I'm fairly handy and have good contractor connections.

Indeed, the FAIR ordinance is anything but fair to non-corporate landlords, seemingly punished for investing in rental houses to generate income as an alternative to stocks and bonds.A handful of opportunists likely could learn to exploit these new rules, preying on otherwise law-abiding landlords to obtain legalized shake-down payments.